Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.
VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
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Read more: Migrating to TouchNet, the new digital payment solution at UBC
Migrating to TouchNet, the new digital payment solution at UBC
With the transition to Workday, the university has identified TouchNet as the new solution that will facilitate all digital payment transactions across all UBC campuses. To help our community stay informed and updated, the DPP launched a website, where you…
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Read more: Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
The CRA Prescribed Interest Rate will increase to 3% as of Oct 1, 2022. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made…
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Read more: Pilot project to increase compliance with UBC required training
Pilot project to increase compliance with UBC required training
Safety & Risk Services within VP Finance & Operations (VPFO) in collaboration with VP Human Resources (VPHR), and UBC Information Technology (UBC IT) are launching a pilot project in VPHR and VPFO to increase compliance with required training, as mandated…
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Read more: Register for the upcoming webinar on Chemical Inventory Management
Register for the upcoming webinar on Chemical Inventory Management
Join us in a webinar on September 21 at 2:00 pm to learn about inventory management requirements and best practices from UBC Safety & Risk Service’s Chemical Safety Advisor, Dr. Peggy Paduraru. Click through for more information, including Zoom details.
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Read more: Workday Adaptive Planning Replacing Hyperion in Summer 2023
Workday Adaptive Planning Replacing Hyperion in Summer 2023
The Adaptive Planning implementation will reduce reliance on manual systems and streamline budgeting and forecasting, while also capturing more detailed finance information and in-depth reporting. For more information and project updates, visit the UBC Adaptive Planning website.
People of the VPFO
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Read more: Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Since stepping into the Acting role in June 2022, Joanna has played an instrumental in supporting her client areas through a busy quarter-end and the start of the FY23 budget process.
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Read more: Frank Laezza appointed Vice-President, Finance and Operations
Frank Laezza appointed Vice-President, Finance and Operations
Mr. Laezza will join us from Murdoch University, Australia, where he is Chief Financial Officer with responsibility for leading the university’s business and finance functions, as well as for the management of its financial and capital resources. Mr. Laezza will…
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Read more: Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia will lead the Facilities Service Centre and Clerical teams and the Staff Records team, support training and other important Facilities initiatives including onboarding, safety training scheduling, IT device management, etc.
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Read more: Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam will play a key role in developing and implementing new policies and processes within Capital Reporting to enable effective financial management, providing detailed analysis for major and minor capital projects, and assisting with capital budgeting and reporting.
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Read more: Michael Guimond providing part-time support to the UBC Comptroller team
Michael Guimond providing part-time support to the UBC Comptroller team
In his interim role, Michael will support some of the key work to help ensure we have a successful year, including projects such as the development of the Fiscal 2023/24 Budget, quarterly forecasting activities, participation in stakeholder engagement and working…